Standard Motor Products, Inc. Certified as a Most Loved Workplace®

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Standard Motor Products (NYSE: SMP) has been certified as a Most Loved Workplace® by the Best Practice Institute, following its recognition as a U.S. News and World Report Best Company to Work For in June. This certification is based on employee satisfaction scores in the Love of Workplace Index™, which evaluates factors such as respect, collaboration, support, and sense of belonging.

The certification highlights SMP's commitment to employee well-being and engagement. According to Most Loved Workplaces®, companies with high employee sentiment see increased productivity, with 94% of respondents willing to do additional work and 95% more likely to remain employed at a company they love.

Eric Sills, SMP's Chairman and CEO, emphasized the company's dedication to providing a comprehensive benefits package, including health and wellness programs, competitive wages, training opportunities, and an inclusive, safe work environment.

NEW YORK, July 16, 2024 /PRNewswire/ -- Following the recent honor of being named a U.S. News and World Report Best Company to Work For in June, Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, has been certified as a Most Loved Workplace^® by the Best Practice Institute. Most Loved Workplaces^® certify companies where employees are the happiest and most satisfied at work based on its scores on the Love of Workplace Index™.

In order to be certified, The Love of Workplace Index™ surveys company employees on various categories within employee satisfaction, such as level of respect, collaboration, support and sense of belonging in the workplace. Backed by the Best Practice Institute, Most Loved Workplaces^® says that as employee sentiment increases, productivity also rises, with 94-percent of responders saying they were willing to do additional work for a company they loved, and 95-percent saying they were positively impacted to remain under employment within a company they loved.

Eric Sills, Chairman of the Board and Chief Executive Officer of SMP, stated, "For the second time in as many months, we are honored to be recognized as a company that our employees are proud to work for. This most recent certification is a testament to our dedication to caring for our employees and fostering employee engagement, and our company culture. We are proud to offer our employees a well-rounded portfolio of benefits including a variety of health and wellness programs, competitive wages, training opportunities, and an inclusive workplace that offers a safe and healthy work environment."

For more information on the Most Loved Workplace^® certification, visit MostLovedWorkplace.com.

About SMP
With over 100 years in business, Standard Motor Products, Inc. is a leading independent manufacturer and distributor of premium replacement parts in the automotive aftermarket and a custom-engineered solutions provider to vehicle and equipment manufacturers in diverse non-aftermarket end markets.  SMP sells its products primarily to retailers, warehouse distributors, original equipment manufacturers and original equipment service part operations in the United States, Canada, Europe, Asia, Mexico and other Latin America countries. For more information, download the SMP Parts App or visit SMPcorp.com.

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SOURCE Standard Motor Products, Inc.

FAQ

What certification did Standard Motor Products (SMP) receive in July 2024?

In July 2024, Standard Motor Products (SMP) was certified as a Most Loved Workplace® by the Best Practice Institute.

How does the Most Loved Workplace® certification process work for SMP?

The certification is based on SMP's scores in the Love of Workplace Index™, which surveys employees on various categories of satisfaction, including respect, collaboration, support, and sense of belonging in the workplace.

What other recognition did SMP receive prior to the Most Loved Workplace® certification?

In June 2024, SMP was named a U.S. News and World Report Best Company to Work For, just before receiving the Most Loved Workplace® certification.

What benefits does SMP offer its employees according to the July 2024 press release?

SMP offers a well-rounded portfolio of benefits including health and wellness programs, competitive wages, training opportunities, and an inclusive workplace with a safe and healthy work environment.

Who is the Chairman and CEO of Standard Motor Products (SMP) as of July 2024?

As of July 2024, Eric Sills is the Chairman of the Board and Chief Executive Officer of Standard Motor Products (SMP).